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Fair Value Measurements - (Tables)
6 Months Ended
Jul. 03, 2021
Fair Value Disclosures [Abstract]  
Carrying Value and Estimated Fair Values of Outstanding Debt The carrying values and estimated fair values of our significant outstanding debt as of July 3, 2021 and January 2, 2021 were as follows:
 July 3, 2021January 2, 2021
(in millions of U.S. dollars)Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
5.500% senior notes due in 2025 1, 2
  743.0 767.2 
3.875% senior notes due in 2028 1, 2
525.7 535.9 543.6 559.9 
4.375% senior notes due in 2029 1,2
739.6 740.5 — — 
Total$1,265.3 $1,276.4 $1,286.6 $1,327.1 
______________________
1     The fair values were based on the trading levels and bid/offer prices observed by a market participant and are considered Level 2 financial instruments.
2    Carrying value of our significant outstanding debt is net of unamortized debt issuance costs as of July 3, 2021 and January 2, 2021 (see Note 10 to the Consolidated Financial Statements).